05241nam 2200661Ia 450 991045409630332120200520144314.01-281-95557-49786611955571981-279-565-0(CKB)1000000000537869(EBL)1681366(OCoLC)815755783(SSID)ssj0000181125(PQKBManifestationID)11177744(PQKBTitleCode)TC0000181125(PQKBWorkID)10152595(PQKB)10186161(MiAaPQ)EBC1681366(WSP)00004167(Au-PeEL)EBL1681366(CaPaEBR)ebr10255712(CaONFJC)MIL195557(EXLCZ)99100000000053786920030811d2003 uy 0engur|n|---|||||txtccrInternational consumption comparisons[electronic resource] OECD versus LDC /E.A. Selvanathan, S. SelvanathanSingapore ;River Edge, NJ World Scientificc20031 online resource (354 p.)Description based upon print version of record.981-02-4005-8 Includes bibliographical references and indexes.CONTENTS ; PREFACE ; LIST OF TABLES ; LIST OF FIGURES ; TECHNICAL NOTES ; ACKNOWLEDGEMENTS ; CHAPTER 1: AN OVERVIEW OF INTERNATIONAL CONSUMPTION PATTERNS ; 1.1 An Overview of the OECD and LD Countries ; 1.2 Consumption Theory ; 1.3 A Review of International Consumption Comparisons1.4 A Pioneering International Consumption Study 1.5 Are Tastes Constant? ; References ; CHAPTER 2: CONSUMER DEMAND MODELS ; 2.1 The Economic Theory of the Consumer ; 2.2 The Structure of Preferences ; 2.3 Differential Approach to Deriving Demand Equations2.4 Other Popular Demand Systems 2.5 More on the Differential Demand Equations ; 2.6 Aggregation and Consumer Demand ; References ; CHAPTER 3: DATA ANALYSIS: OECD COUNTRIES ; 3.1 Data Source ; 3.2 Summary Measures ; 3.3 Engel's Law3.4 Preliminary Estimates of Income and Price Elasticities 3.5 Preliminary Estimates of the Income Flexibility ; 3.6 Testing the Frisch's Conjecture ; 3.7 The Validity of Preference Independence ; References ; CHAPTER 4: DATA ANALYSIS: LESS DEVELOPED COUNTRIES ; 4.1 Data Source4.2 Summary Measures 4.3 Engel's Law ; 4.4 Preliminary Estimates of Income and Price Elasticities ; 4.5 Preliminary Estimates of the Income Flexibility ; 4.6 Testing the Frisch's Conjecture ; 4.7 The Validity of Preference Independence ; ReferencesCHAPTER 5: A COMPARISON OF CONSUMPTION PATTERNS IN THE OECD AND LD COUNTRIES This book presents an analysis of consumption patterns in the OECD (rich) and LDC (poor) countries using recent data (1950-1998) and econometric methodology for a number of broadly aggregated consumer goods. The income elasticity estimates for the 46 countries and 9 commodity groups are tabulated. The reliability of these elasticity estimates, and also the demand theory hypotheses, are investigated using simulation techniques. <br><i>Contents: </i><ul><li>An Overview of International Consumption Patterns <i>(E A Selvanathan & S Selvanathan)</i></li><li>Consumer Demand Models <i>(E A SelvanathConsumption (Economics)OECD countriesMathematical modelsConsumption (Economics)Developing countriesMathematical modelsElectronic books.Consumption (Economics)Mathematical models.Consumption (Economics)Mathematical models.339.47Selvanathan E. Antony1954-977484Selvanathan Saroja977485MiAaPQMiAaPQMiAaPQBOOK9910454096303321International consumption comparisons2226818UNINA